Please Advice Me On This 1.51 Round Diamond With Egl Cert.
Posted 22 March 2012 - 02:55 AM
The diamond has the following especifications:
round cut 7.40 - 7.34 x 4.52 mm.
Girdle thickness thin, faceted
polish very good
It is an EGL Israel (which I'm aware of the deficiencies), but the price seems to be right at $7,000 for both the ring and the diamond.
She needs to sell this ring due to financial difficulties and I'm interested in a ring in this carat weight.
The link to the setting is here: http://www.ritani.co...ings/item/527//
Please, please give me some advice. I will be very grateful.
Posted 22 March 2012 - 08:46 AM
However, you have two significant questions to ask yourself:
1. Do I trust this person to describe the diamond and the setting fairly (i.e. am I sure that I am getting a Ritani setting and a diamond, not a CZ and a knock-off copy)?
2. Do I like the setting and the stone enough to spend my money on it? Is the stone eye-clean to my satisfaction? Is it bright, sparkling and fiery in a way that I love?
If the answer to both questions is yes (or at least the seller agrees to have an appraiser to help you answer question #1), then you are OK. If the answer to either question is no, keep looking: a great price on the wrong thing is no bargain.
Diamonds by Lauren (http://www.diamondsbylauren.com)
Posted 22 March 2012 - 09:24 AM
I'm planning on taking the ring to my jeweler so he can verify that the diamond in the ring is the same as the certificate, there are no visible chips in the diamond, it is eye clean, etc.
Does anyone else has some additional advice or comments as if this is a good deal or not?
I need to get back to her today with my decision.
So please, help me with this. This whole thing is a bit scary to me since I do not do this every day and do not want to make a big mistake.
Many thanks in advance for you replies to my post. Isabel
Posted 22 March 2012 - 12:56 PM
GG(GIA) ICGA(AGS) NAJA
There's never a crowd when you go that extra mile.
Professional Appraisals in Denver
Posted 22 March 2012 - 03:26 PM
Posted 25 March 2012 - 07:03 AM
Went to see a GIA/AGS certified jeweler/appraisal and he estimated that the diamond was an F in color and I1 in clarity. The setting was in terrible shape with 4 small stones missing. He estimated the repair job for the setting to be around $700.00. He estimated that the total price of the ring(with the diamond) in that condition was between $5,100 to $6,300. Way less than what she was asking for and way less of what she paid for the ring several years ago ($13,500).
All the advice given on this forum was right on target and I want to give you a BIG thanks for helping me prevent making a big mistake.
You are the best and I will be eternally grateful.
(Ah...and the setting was not palladium, was 18K white gold that needed to be re-coated badly)